Category: T

September 8, 2019 admin123@ No comments exist

Temporary tax How long can a temporary tax last?  USA’s 1964 “chicken tax”, to retaliate for French & German tariffs, prevents light-duty truck imports even today.  UK’s 1799 temporary income tax to raise money to fight Napoleon’s French forces is still in force 200 years on.  Temporary taxes & tariffs can go on forever Guessed…

July 17, 2019 admin123@ No comments exist

Touchdown 20 July 1969: Touchdown & walk on the Moon.  One small step for man 50 years ago.  But the real stars were 400,000 technicians & scientists who crunched numbers, built the kit & solved 10,000 challenges to pull off an “impossible mission” 350,000 km away.  Nasa wants to land a woman on the moon…

June 28, 2019 admin123@ No comments exist

Tent Great business success can come even from shows in a tent!  Glastonbury 1971 – 1st pyramid stage on Stonehenge leyline, made of scaffolding covered in plastic sheets, as a retort to over-commercialized festivals.  Follows medieval Summer Solstice tradition of music, dance, poetry, theatre, lights & spontaneous entertainment.  Tickets sell out in >1 hour each…

May 31, 2019 admin123@ No comments exist

Tariff war What happens to the global economy if the tariff war escalates?  The tide going out lowers all boats.  Higher import costs drive up inflation, squeeze buying power & drag down consumption.  Firms respond to lower demand & earnings by cutting investment & jobs, which worsens the downturn.  Tariffs sound good, but are actually…

April 22, 2019 admin123@ No comments exist

Twin peaks Global trend is towards ‘twin peaks’ financial supervision: 1 prudential supervisor for capital/ risk controls, another for markets/ business conduct.  This model from Australia & Holland adopted by UK, New Zealand & South Africa.  But others eg. Germany, Sweden, Poland have chosen the single supervisory model for banking, insurance & pensions.  Double trouble?…

March 21, 2019 admin123@ No comments exist

Taxi UK has 1 of the world’s largest taxi markets. Londoners spend more money – 6.9% of GDP – on transport than people in New York, Hong Kong, San Francisco, Tokyo & Singapore. Taxi/ limo 2016 revenues: US $19 (£14.4) bn, Japan $15 (£11.4) bn, UK $11.5 (8.7) bn, next is France <$5 (£3.8) bn…

February 11, 2019 admin123@ No comments exist

Tiffin Collect, deliver, return: 200,000 tiffins daily5,000 Mumbai dabba-wallas take hot lunch from home to school/ office by train, cart or bicycle for ₹500 rupees (£5 / $7) a month.  Without computers or client phone numbers, they achieve Six Sigma competence level by scribbling alphanumeric codes on tiffins.  Every tiffin changes hands >5 times on…

January 26, 2019 admin123@ No comments exist

Tradewind Tradewind blowing!  Tech is disrupting the model of seaborne trade that’s ruled for decadesExamples: Automated hydroponic indoor farms grow summer crops year-round; 3D printers churn out jet engine parts on demand anywhere.  Trade agreements now have as much to do with data flows as physical goods Guessed the Word?           Series 36…

December 17, 2018 admin123@ No comments exist

Turkey Turkey became affordable in the 1950sPreviously goose, chicken or beef were the roasts of choice.  87% of Brits think Christmas is not the same without a traditional roast turkey. Top 3 popular ways to serve leftover turkey: sandwich, soup/stew, salad.  King Henry VIII was the 1st person to eat turkey on Christmas day Guessed the…